AI sets gold price for April 30, 2025
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Gold is trading at a new record high as investors pour capital into the precious metal amid lingering uncertainty from ongoing trade wars by President Donald Trump’s tariffs and escalating fears of stubborn inflation. Amid the current price surge, several artificial intelligence (AI) models project that the yellow metal’s value will likely remain above $3,000 over the next month. The recent high comes ahead of Trump’s April 2 “Liberation Day,” when he signed an executive order imposing 25% tariffs on all imported cars. This move sparked reactions, especially from Canada and the EU, which are preparing to retaliate, heightening the economic uncertainty. At the close of the last session, gold was trading at $3,085, ending the day up almost 1%. Year-to-date, the commodity has rallied over 17%. Gold YTD stock price chart. Source: TradingView The momentum around gold is also reflected in related exchange-traded funds (ETFs), which are witnessing record-breaking capital inflows. According to Bloomberg data, gold ETFs have attracted $12 billion in inflows over the past two months, marking the largest surge since 2020. Gold ETF capital inflow chart. Source: Bloomberg Indeed, the ETFs have experienced a sharp rise in monthly fund flows, with March 2025 showing particularly strong inflows. AI predicts gold prices Finbold consulted several AI models regarding gold price prediction, which were largely bullish on the metal’s prospects over the next month. For instance, OpenAI’s ChatGPT outlined three possible scenarios likely to impact gold by April 30. In a bullish case, if the current uptrend remains sustainable, gold could reach between $3,300 and $3,450. A moderate case suggests a steady gold rally to $3,175 and $3,270. However, in a bearish case, if selling pressure emerges, gold could dip below $3,000 and trade between $2,930 and $2,950. ChatGPT gold price prediction for April 30, 2025. Source: ChatGPT…
Filed under: News - @ March 30, 2025 11:09 am